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20131202
20131210
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Search Results 0 to 2 of about 3 (some duplicates have been removed)
, in transportation, energy extraction and so on. i hope rick will be pleased to hear that i'm not blaming this entirely on president obama. >> well, on theother hand, mike, president obama's solution to all this and they're saying it in europe, the imf is saying it, is to have this global wealth tax, to tax the rich more, to bring the rich down, that will help income disparity. what do you think of that plan? >> as we've seen under president obama, david, the exact opposite happens. one of the areas where obama has really hurt the economy is with small businesses. his investment tax increase really hurts small business. it went from 35% to 43% on passive income. this really is an usual. during expansions y typically see new business startups accelerate. this is the only recovery i've seen back the 1930s where new business startups have flat lined. when you increase tax rates on them you don't get that capital. all that money that rick is talking about that needs to be spent, invested into new businesses. that's the genesis of economic growth. capital investments. >> while small businesse
Search Results 0 to 2 of about 3 (some duplicates have been removed)